Analysts

What the analysts say

Should you buy, sell, or hold on to PostNL shares? Here we present the recommendations of financial analysts.

BrokerAnalystRecommendationTarget priceDate

ABN AMRO ODDO

Stefano ToffanoNeutralEUR 1.406 Mar 2024

Bank of America

Muneeba KayaniUnderperformEUR 1.404 Apr 2023

Barclays Capital

Marco Limite

Underweight

EUR 1.10

27 Feb 2024

Degroof Petercam

Frank Claassen

Hold

EUR 1.35

26 Feb 2024

ING

Marc Zwartsenburg

Hold

EUR 1.30

4 March 2024

Jefferies

David Kerstens

Hold

EUR 1.50

7 Nov 2023

KBC Securities NV

Michiel Declercq

Hold

EUR 1.40

26 Feb 2024

KeplerCheuvreux

Nikolas Mauder

Hold

EUR 1.50

31 Jan 2024

UBS

Ivar Billfalk-Kelly

Neutral

EUR 1.35

7 Feb 2024

the IDEA!

Henk Slotboom

-

-

-

Adjusted on 6 March 2024/13:55

Disclaimer: PostNL is covered by analysts of the brokerage firms listed above. The list may not be complete and is subject to change. Any opinions, estimates or forecasts regarding PostNL's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of PostNL or our management. By publishing the information above, PostNL does not imply, and expressly disclaims, any endorsement of or concurrence with any information, estimates, forecasts, opinions, conclusions or recommendations provided by these analysts. PostNL does not assess, comment on or correct analysts' reports, other than factually. PostNL does not pay any fees for carrying out research for analysts' reports or for the production or publication of analysts' reports, with the exception of credit rating agencies.

CONSENSUS PRE Q4 2023 (€ million)

February 2024

4Q23 EFY23 E
 consensusconsensus
Revenue  
Parcels6102,262
Mail in the Netherlands4211,392
PostNL Other54235
Intercompany-187-716
Revenue total8893,166
   
Normalised EBIT  
Parcels3053
Mail in the Netherlands5147
PostNL Other-4-9
Total normalised EBIT7892
   
Free cash flow14352
   
Volume development parcels0.9%-0.3%
Volume development addressed mail NL-1.9%-7.6%
Based on estimates of 9 analysts; consensus calculated as the median of their estimates.